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Published byNorma Blair Modified over 9 years ago
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By: Kyle Hardwick and Rodney Green
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Launched September, 2009 Run out of Los Angeles Employs 22 people Has run over 20,000 endorsements for 150 brands Raised over $6 million in venture capital Use celebrity endorsement in social media Over 5,000 celebrities Over 5,000 celebrities
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Ad.ly pioneering “micro-endorsing” Matches product with best fit celebrity endorser Celebrity paid per tweet Goal is to drive consumers traffic to brands website
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Do you think this is an effective way to interact with consumers and drive them to specific websites?
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Yes because… Twitter currently has 190 million users Allows you to reach a community of people with a common interest Users choose which celebrities to follow and this dictates which advertisements they are exposed to People respect the opinions of the celebrities they like
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What are some problems that you foresee with micro-endorsement?
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Choosing the wrong celebrity to endorse your product Choosing the wrong celebrity to endorse your product Message getting lost in the clutter Over 50 million tweets per day in 2010
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Breaking through clutter Self-image congruence model: we choose products when attributes matches the self Sex typed traits & matching celebrities with products Market segmentation
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http://ad.ly/ http://ad.ly/ http://www.businessweek.com/magazine/co ntent/11_03/b4211032107717.htm http://www.businessweek.com/magazine/co ntent/11_03/b4211032107717.htm http://www.time.com/time/specials/package s/article/0,28804,1901188_1901207_1901196,00. html http://www.time.com/time/specials/package s/article/0,28804,1901188_1901207_1901196,00. html
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